Newsfeed – Business News
Ringgit opens lower against greenback, higher vs major currencies
KUALA LUMPUR:The ringgit opened lower against the US dollar on Tuesday as firmer US economic data lifted the greenback, but it was higher against other major currencies. Read full story […]
FBM KLCI climbs as rebound picks up post holiday weekend
KUALA LUMPUR: Blue chips on Bursa Malaysia rose 0.8% after a long weekend, suggesting the buying momentum remained alive on the domestic market. Read full story Date: 3 February, 2026 […]
Global stock index edges down, silver and oil extend losses
NEW YORK/ LONDON: MSCI’s global equities gauge edged lower on Monday, with Wall Street providing a boost while the dollar rose and investors dealt with a deepening selloff in precious […]
Public Mutual announces distribution of RM64mil for four funds
KUALA LUMPUR: Public Mutual, the unit trust arm of Public Bank Bhd, has declared distributions for four funds amounting to more than RM64mil. Read full story Date: 3 February, 2026 […]
Manufacturing PMI registers 20-month high
KUALA LUMPUR: Malaysia saw its headline manufacturing purchasing managers’ index (PMI) rise to a 20-month high at 50.2 in January 2026 from 50.1 in December 2025, signalling a third consecutive […]
JCY targets RM250mil revenue from automotive growth
PETALING JAYA: JCY International Bhd expects to generate RM250mil in incremental revenue from new customers by financial year 2028 (FY28). Read full story Date: 3 February, 2026 9:00 am Source: […]
Caution persists for O&G services
PETALING JAYA: Petroliam Nasional Bhd’s (PETRONAS) latest Activity Outlook for 2026 to 2028 reinforces analysts’ cautious view on Malaysia’s oil and gas (O&G) services sector, with activity expected to remain […]
‘Shop in China’ travel boom risks complicating the yuan math
BEIJING: A surge in foreign travellers strolling in Beijing’s Summer Palace and binging on Shanghai’s soup dumplings risks complicating the Chinese central bank’s efforts to ensure measured, orderly gains in […]
Bitcoin below US$80,000 as confidence weakens
NEW YORK: Price, relevance, conviction – bitcoin is bleeding all three. Read full story Date: 3 February, 2026 8:00 am Source: thestar.com.my
Waymo seeks US$16bil at near US$110bil valuation
NEW YORK: Waymo, Alphabet Inc’s autonomous driving unit, is aiming to raise about US$16bil in a financing round that would value the unit at nearly US$110bil, according to people familiar […]